Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are the CPM withdrawal reductions based on a quarterly allocation schedule as in year 2006?

0
Posted

Are the CPM withdrawal reductions based on a quarterly allocation schedule as in year 2006?

0

No, the quarterly allocation schedule requirement no longer exist under the new CPM Rules. Instead, CPM withdrawal reductions will be calculated according to your annual groundwater withdrawal amount and then reconciled at the end of the year. By December 31, 2008, your withdrawals must be less than your authorized annual withdrawal amount including all CPM withdrawal reductions applied to your annual authorized withdrawal amount.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123